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Deloitte launches paper on common practices for SukukDeloitte, in collaboration with the International Shariah Research Academy (ISRA), has just launched a new whitepaper inviting experts to share their perspectives on processes for global common practice of the Sukuk markets. Deloi More… |
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Turkey firm enlists SRB for Sharia complianceTurkey based Investrade Portföy Yönetimi AS (IPY) has appointed Shariyah Review Bureau (SRB) to help ensure Sharia compliance for its Investments Funds, portfolio management and distribution services business. IPY More… |
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DGCX August volumes soar on Shariah partnershipDubai Gold and Commodities Exchange (DGCX) said it has recorded its highest ever daily Indian Rupee (INR) volume, trading 126,055 contracts on August 13. On the same day, the DGCX’s overall volume t More… |
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Physical Gold Fund SP announces Shariah compliancePhysical Gold Fund SP (PGF), a world leader in physical allocated gold, has announced that it has been endorsed as Shariah-compliant by Amanie Advisors, a leading Shariah advisory firm specializing in Islamic finance solutions. Am More… |
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National Bonds sees 20pc rise in regular saversNational Bonds Corporation (NBC), a leading Sharia-compliant savings and investments company in the UAE, has announced a 20 per cent increase in regular savers during 2017. Based on the company’s latest profit results, Natio More… |
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UAE leads Arab markets in Islamic fintechUAE leads Arab markets in Islamic fintech, following Malaysia and the UK in terms of the number of Islamic fintech start-ups per market, according to new analysis from Bloomberg, a global business and financial information and news leader. More… |
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Bahrain issues crowdfunding regulationsThe Central Bank of Bahrain (CBB) has released regulations for both conventional and Shari’a compliant financing-based crowdfunding businesses. For the first time it will be possible for small and medium sized businesses in More… |
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DFM wins top award for Shariah-compliant listingsDubai Financial Market (DFM) has been recognized as the Best Stock Exchange for Shariah-Compliant Listings as part of Global Finance magazine’s ninth annual review of the World’s Best Islamic Financial Institutions. Wi More… |
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Pegasus Agriculture investment product ‘shariah compliant’Pegasus Agriculture, one of the leading practitioners of hydroponic agriculture, recently announced that its hydroponic investment product is now officially shariah compliant. The firm has been issued a certificate from the Shariah Supe More… |
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Saudi home finance company starts operationSaudi home finance company Bidaya has launched operations in the kingdom with a capital of SR900 million ($240 million) in bid to boost home ownership across the kingdom. It is a joint venture between the finance ministry’s Public More… |
